Odaily Planet Daily News Animoca Executive Chairman and Co-founder Yat Siu said that the company's secondary stock trading price is about 1.5 billion US dollars, which is about 75% lower than the valuation of 5.9 billion US dollars in July 2022. It is reported that the decline in Animoca's value is likely to be affected by the general pessimism in the NFT market. Although the cryptocurrency market has begun to recover since 2022, NFT has not. According to CryptoSlam data, the transaction volume of NFT in July was 430 million US dollars, far lower than the 6 billion US dollars in January 2022. (DL News)